Upcoming Dividend • May 25
Upcoming dividend of NT$4.30 per share Eligible shareholders must have bought the stock before 01 June 2026. Payment date: 18 June 2026. Payout ratio is on the higher end at 76% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.4%). Declared Dividend • May 07
Dividend of NT$4.30 announced Dividend of NT$4.30 is the same as last year. Ex-date: 1st June 2026 Payment date: 18th June 2026 Dividend yield will be 6.7%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 4.6% to shift the payout ratio to a potentially unsustainable range, which is less than the 14% EPS decline seen over the last 5 years. Reported Earnings • May 06
First quarter 2026 earnings released: EPS: NT$0.052 (vs NT$0.68 in 1Q 2025) First quarter 2026 results: EPS: NT$0.052 (down from NT$0.68 in 1Q 2025). Revenue: NT$1.01b (up 16% from 1Q 2025). Net income: NT$4.36m (down 92% from 1Q 2025). Profit margin: 0.4% (down from 6.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 09
O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2026 O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,8, chien fu rd., feng t`ieh ts`u, neipu township, pingtung county Taiwan Reported Earnings • Mar 09
Full year 2025 earnings released: EPS: NT$5.63 (vs NT$5.66 in FY 2024) Full year 2025 results: EPS: NT$5.63 (down from NT$5.66 in FY 2024). Revenue: NT$4.63b (flat on FY 2024). Net income: NT$472.2m (flat on FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. New Risk • Mar 08
New major risk - Revenue and earnings growth Earnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. New Risk • Nov 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Buy Or Sell Opportunity • Sep 30
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to NT$73.00. The fair value is estimated to be NT$59.19, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 26% over the last 3 years. Earnings per share has declined by 60%. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: NT$1.63 (vs NT$2.06 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.63 (down from NT$2.06 in 2Q 2024). Revenue: NT$1.01b (down 28% from 2Q 2024). Net income: NT$136.5m (down 21% from 2Q 2024). Profit margin: 14% (up from 12% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Ankündigung • May 30
O-TA Precision Industry Co., Ltd. Approves Board Elections O-TA Precision Industry Co., Ltd. announced that at its AGM held on May 29, 2025, the shareholders approved election of the company’s directors: Director-LIN, CHON-CHEN; Director-NAN FENG XIN CO., LTD. Representative: LAUREN-JACQUELINE PAN; Director-NAN FENG XIN CO., LTD. Representative: KRISTEN-JULIA PAN; Director-LIN, HUN-CHER; Director-LEE, SHANG-YANG; Independent Director-KO, TSUNG-LI; Independent Director-CHEN, SHUH; Independent Director-CHANG, TIEN-SHENG. Declared Dividend • May 19
Dividend of NT$4.30 announced Dividend of NT$4.30 is the same as last year. Ex-date: 3rd June 2025 Payment date: 20th June 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is covered by earnings (76% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 16% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$1.17 in 1Q 2024) First quarter 2025 results: EPS: NT$0.68 (down from NT$1.17 in 1Q 2024). Revenue: NT$875.7m (down 13% from 1Q 2024). Net income: NT$57.0m (down 42% from 1Q 2024). Profit margin: 6.5% (down from 9.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$60.00, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 15x in the Leisure industry in Taiwan. Total loss to shareholders of 45% over the past three years. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: NT$5.66 (vs NT$4.85 in FY 2023) Full year 2024 results: EPS: NT$5.66 (up from NT$4.85 in FY 2023). Revenue: NT$4.64b (up 6.2% from FY 2023). Net income: NT$474.3m (up 17% from FY 2023). Profit margin: 10% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Ankündigung • Mar 13
O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2025 O-TA Precision Industry Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,8, chien fu rd., feng t`ieh ts`u, neipu township, pingtung county Taiwan Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$1.09 (vs NT$0.70 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.09 (up from NT$0.70 in 3Q 2023). Revenue: NT$1.26b (up 23% from 3Q 2023). Net income: NT$91.5m (up 56% from 3Q 2023). Profit margin: 7.3% (up from 5.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Ankündigung • Oct 29
O-TA Precision Industry Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024 O-TA Precision Industry Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024 Buy Or Sell Opportunity • Sep 16
Now 20% overvalued Over the last 90 days, the stock has fallen 8.2% to NT$84.20. The fair value is estimated to be NT$70.16, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 33%. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$2.06 (vs NT$1.74 in 2Q 2023) Second quarter 2024 results: EPS: NT$2.06 (up from NT$1.74 in 2Q 2023). Revenue: NT$1.40b (up 46% from 2Q 2023). Net income: NT$172.3m (up 18% from 2Q 2023). Profit margin: 12% (down from 15% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Ankündigung • Jul 30
O-TA Precision Industry Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024 O-TA Precision Industry Co., Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024 Declared Dividend • May 29
Dividend reduced to NT$4.30 Dividend of NT$4.30 is 67% lower than last year. Ex-date: 6th June 2024 Payment date: 26th June 2024 Dividend yield will be 4.6%, which is lower than the industry average of 5.0%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: NT$1.17 (vs NT$1.18 in 1Q 2023) First quarter 2024 results: EPS: NT$1.17 (down from NT$1.18 in 1Q 2023). Revenue: NT$1.00b (down 23% from 1Q 2023). Net income: NT$98.0m (flat on 1Q 2023). Profit margin: 9.8% (up from 7.6% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 02
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: NT$4.85 (down from NT$21.40 in FY 2022). Revenue: NT$4.37b (down 43% from FY 2022). Net income: NT$406.5m (down 77% from FY 2022). Profit margin: 9.3% (down from 23% in FY 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Ankündigung • Mar 16
O-TA Precision Industry Co., Ltd., Annual General Meeting, Jun 05, 2024 O-TA Precision Industry Co., Ltd., Annual General Meeting, Jun 05, 2024. Location: No.8, Jianfu Rd., Neipu Township, Pingtung County 912018, Taiwan Pingtung County Taiwan Agenda: To consider 2023 Business Report; to 2023 Audit Committee’s Review Report ; to 2023 Cash Dividend Distribution from Earnings Report ; to 2023 Employee and Director Remuneration Distribution Report; to 2023 Execution of Financial and Business Matters with Related Parties ; to Proposal of Approval on 2023 Business Report and Financial Statements ; to Proposal of Approval on 2023 Earnings Distribution ; and to consider other matters if any. Reported Earnings • Nov 14
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: NT$0.70 (down from NT$4.41 in 3Q 2022). Revenue: NT$1.03b (down 40% from 3Q 2022). Net income: NT$58.5m (down 84% from 3Q 2022). Profit margin: 5.7% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 46%. Revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the Leisure industry in Taiwan are expected to grow by 2.9%. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 11% per year. Reported Earnings • Aug 12
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: NT$1.74 (down from NT$7.43 in 2Q 2022). Revenue: NT$960.3m (down 59% from 2Q 2022). Net income: NT$145.7m (down 77% from 2Q 2022). Profit margin: 15% (down from 27% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 47%. Earnings per share (EPS) also missed analyst estimates by 62%. Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$97.00, the stock trades at a trailing P/E ratio of 5x. Average forward P/E is 19x in the Leisure industry in Taiwan. Total returns to shareholders of 213% over the past three years. Upcoming Dividend • May 17
Upcoming dividend of NT$12.85 per share at 12% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (4.9%). Price Target Changed • Nov 16
Price target decreased to NT$165 Down from NT$212, the current price target is an average from 2 analysts. New target price is 46% above last closing price of NT$113. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$20.24 for next year compared to NT$20.19 last year. Reported Earnings • Nov 05
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: NT$4.41 (down from NT$6.06 in 3Q 2021). Revenue: NT$1.71b (down 25% from 3Q 2021). Net income: NT$369.9m (down 27% from 3Q 2021). Profit margin: 22% (in line with 3Q 2021). Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Leisure industry in Taiwan are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 19
Price target decreased to NT$165 Down from NT$212, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$124. Stock is down 19% over the past year. The company is forecast to post earnings per share of NT$20.92 for next year compared to NT$20.19 last year. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: NT$7.43 (vs NT$5.60 in 2Q 2021) Second quarter 2022 results: EPS: NT$7.43 (up from NT$5.60 in 2Q 2021). Revenue: NT$2.34b (up 14% from 2Q 2021). Net income: NT$622.8m (up 33% from 2Q 2021). Profit margin: 27% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$120, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 16x in the Leisure industry in Taiwan. Total returns to shareholders of 305% over the past three years. Upcoming Dividend • Jun 10
Upcoming dividend of NT$13.70 per share Eligible shareholders must have bought the stock before 17 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 9.6%. Within top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (4.1%). Reported Earnings • May 06
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: NT$3.12 (down from NT$3.93 in 1Q 2021). Revenue: NT$1.53b (up 7.6% from 1Q 2021). Net income: NT$261.5m (down 21% from 1Q 2021). Profit margin: 17% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Apr 27
Price target decreased to NT$193 Down from NT$212, the current price target is an average from 2 analysts. New target price is 35% above last closing price of NT$143. Stock is up 13% over the past year. The company is forecast to post earnings per share of NT$21.60 for next year compared to NT$20.19 last year. Price Target Changed • Mar 22
Price target decreased to NT$193 Down from NT$212, the current price target is an average from 2 analysts. New target price is 36% above last closing price of NT$142. Stock is up 56% over the past year. The company is forecast to post earnings per share of NT$21.53 for next year compared to NT$20.19 last year. Reported Earnings • Mar 05
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: NT$20.19 (up from NT$8.13 in FY 2020). Revenue: NT$7.88b (up 100% from FY 2020). Net income: NT$1.69b (up 149% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 05
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: NT$20.19 (up from NT$8.13 in FY 2020). Revenue: NT$7.88b (up 100% from FY 2020). Net income: NT$1.69b (up 149% from FY 2020). Profit margin: 22% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.2%. Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS NT$6.06 (vs NT$2.60 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.27b (up 97% from 3Q 2020). Net income: NT$507.5m (up 133% from 3Q 2020). Profit margin: 22% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS NT$5.60 (vs NT$2.04 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$2.05b (up 148% from 2Q 2020). Net income: NT$469.2m (up 174% from 2Q 2020). Profit margin: 23% (up from 21% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 63% per year. Price Target Changed • Jun 30
Price target increased to NT$206 Up from NT$154, the current price target is an average from 2 analysts. New target price is 19% above last closing price of NT$173. Stock is up 361% over the past year. Upcoming Dividend • Jun 16
Upcoming dividend of NT$5.00 per share Eligible shareholders must have bought the stock before 22 June 2021. Payment date: 09 July 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.7%). Valuation Update With 7 Day Price Move • May 29
Investor sentiment improved over the past week After last week's 19% share price gain to NT$145, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 15x in the Leisure industry in Taiwan. Total returns to shareholders of 304% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$186 per share. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$112, the stock trades at a trailing P/E ratio of 10.6x. Average forward P/E is 13x in the Leisure industry in Taiwan. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$182 per share. Reported Earnings • May 05
First quarter 2021 earnings released: EPS NT$3.92 (vs NT$1.60 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.42b (up 96% from 1Q 2020). Net income: NT$328.9m (up 146% from 1Q 2020). Profit margin: 23% (up from 19% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 21% share price gain to NT$117, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Leisure industry in Taiwan. Total returns to shareholders of 165% over the past three years. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the next year, revenue is forecast to grow 39%, compared to a 15% growth forecast for the Leisure industry in Taiwan. Ankündigung • Mar 03
O-TA Precision Industry Co., Ltd., Annual General Meeting, May 18, 2021 O-TA Precision Industry Co., Ltd., Annual General Meeting, May 18, 2021. Reported Earnings • Mar 03
Full year 2020 earnings released: EPS NT$8.13 (vs NT$5.81 in FY 2019) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$3.93b (flat on FY 2019). Net income: NT$681.0m (up 40% from FY 2019). Profit margin: 17% (up from 12% in FY 2019). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 18
New 90-day high: NT$66.80 The company is up 3.0% from its price of NT$65.10 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 5.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day low: NT$57.60 The company is down 8.0% from its price of NT$62.40 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 5.0% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS NT$2.61 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.16b (up 14% from 3Q 2019). Net income: NT$218.1m (up 108% from 3Q 2019). Profit margin: 19% (up from 10% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 09
New 90-day high: NT$65.80 The company is up 72% from its price of NT$38.30 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$38.26 per share. Is New 90 Day High Low • Oct 06
New 90-day high: NT$64.50 The company is up 70% from its price of NT$37.85 on 08 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$38.95 per share.